Happy 2013! I’ve been asked about the status of the Brewster house and barn in the June 26th post, and happily it is sold. As mortgage rates hit historically low rates, properties on Cape Cod that are priced correctly and Staged are being snapped up quickly. Land is beginning to move again as well. Four homes in my immediate area sold recently for surprisingly high prices. In the third quarter of 2012, days on market for residential property decreased only 2.6% over the previous 3rd quarter, and median values decreased nearly 7%, but volume sold is up over 19%. See the entire report here.
As snow pelts the Cape and high winds whistle by, I hope you are safe and warm to ring in the New Year. In the coming months I will keep you up to date on all that is happening here with properties for sale and sold, mortgages, and more. My newest interest is “green” real estate: my least favorite color for a home is my new favorite concept. I will be earning NAR’s newest designation this month. Stay tuned, and Happy New Year.